Senate Bill S3476

2025-2026 Legislative Session

Enacts the "bucks for boilers act"

download bill text pdf

Sponsored By

Current Bill Status - In Senate Committee Energy And Telecommunications Committee


  • Introduced
    • In Committee Assembly
    • In Committee Senate
    • On Floor Calendar Assembly
    • On Floor Calendar Senate
    • Passed Assembly
    • Passed Senate
  • Delivered to Governor
  • Signed By Governor

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2025-S3476 (ACTIVE) - Details

Current Committee:
Senate Energy And Telecommunications
Law Section:
Public Authorities Law
Laws Affected:
Add §1885, amd §1854, Pub Auth L; add §99-ss, St Fin L; amd §11-104, Energy L; amd §378, Exec L; amd §224-f, Lab L; amd §10-b, Emerg Ten Prot Act of 1974
Versions Introduced in 2023-2024 Legislative Session:
S9099

2025-S3476 (ACTIVE) - Summary

Enacts the bucks for boilers act, which creates a program to aid in transition of housing units to electric heat pumps and other high energy efficiency upgrades.

2025-S3476 (ACTIVE) - Sponsor Memo

2025-S3476 (ACTIVE) - Bill Text download pdf

                             
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   3476
 
                        2025-2026 Regular Sessions
 
                             I N  S E N A T E
 
                             January 27, 2025
                                ___________
 
 Introduced  by Sens. RIVERA, CLEARE, FERNANDEZ, GONZALEZ, HOYLMAN-SIGAL,
   SALAZAR -- read twice and ordered printed,  and  when  printed  to  be
   committed to the Committee on Energy and Telecommunications
 
 AN  ACT  to amend the public authorities law, the state finance law, the
   energy law, the executive law, the labor law and the emergency  tenant
   protection  act  of nineteen seventy-four, in relation to enacting the
   "bucks for boilers act"
 
   THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section  1.  Short  title. This act shall be known and may be cited as
 the "bucks for boilers act".
   § 2. The public authorities law is amended by  adding  a  new  section
 1885 to read as follows:
   §  1885.  BUCKS FOR BOILERS PROGRAM. 1. THE AUTHORITY, IN CONSULTATION
 WITH THE DEPARTMENT OF PUBLIC SERVICE, SHALL ESTABLISH A PROGRAM TO  AID
 IN  THE  TRANSITION  OF  ALL EXISTING HOUSING UNITS' HEATING AND COOLING
 FROM RELIANCE ON COMBUSTING OIL AND GAS,  TO  ELECTRIC  HEAT  PUMPS  AND
 OTHER HIGH ENERGY EFFICIENCY UPGRADES, SYSTEMS AND SERVICES.
   2.  USING  FUNDS MADE AVAILABLE FROM THE BUCKS FOR BOILERS FUND AS SET
 FORTH IN SECTION NINETY-NINE-SS OF THE STATE FINANCE LAW, THE  AUTHORITY
 SHALL  ENSURE THAT ANY BUILDING OR HOUSEHOLD EXISTING IN A DISADVANTAGED
 COMMUNITY, AS SUCH TERM IS DEFINED BY THE CLIMATE JUSTICE WORKING  GROUP
 ESTABLISHED UNDER SECTION 75-0111 OF THE ENVIRONMENTAL CONSERVATION LAW,
 OR  BUILDINGS HOUSING FORMERLY-INCARCERATED INDIVIDUALS, WITH A PRIORITY
 TO BUILDINGS OWNED BY LOW-INCOME  HOMEOWNERS  OR  RENTED  TO  LOW-INCOME
 TENANTS, SHALL BE ELIGIBLE FOR FULL-COST FUNDING FOR THE PROCUREMENT AND
 INSTALLATION  OF  EQUIPMENT  TO  BE COMPLIANT WITH THE ENERGY EFFICIENCY
 STANDARDS SET FORTH UNDER SECTION 11-104 OF THE  ENERGY  LAW,  INCLUDING
 THE  PROCUREMENT AND INSTALLATION OF NON-FOSSIL FUEL HEATING AND COOLING
 AND HOT WATER SYSTEMS AND OTHER HIGH ENERGY EFFICIENCY SYSTEMS,  INCLUD-
 ING  ELECTRICAL  PANEL  AND  WIRING  UPGRADES  AND INDUCTION OR ELECTRIC
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
                                                            LBD06828-03-5
              

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